Abdul Samad Rabiu Net Worth (Updated 2026).

Abdul Samad Rabiu, a Nigerian businessman, began his career in the early 1980s, straight out of college. He started with a small trading business, importing and distributing chemicals and other raw materials. His entrepreneurial spirit and keen eye for opportunities quickly grew this venture into a successful enterprise.

In the mid-1990s, Rabiu diversified his business, establishing BUA Group. This company expanded into manufacturing, with a focus on cement production. His strategic investments and innovative approach to the industry led to the company’s rapid growth and eventually, its listing on the Nigerian Stock Exchange in 2018. This move not only solidified Rabiu’s status as a prominent businessman but also brought significant attention to his work.

**Abdul Samad Rabiu’s Current Net Worth (2025)**

As of 2025, Abdul Samad Rabiu’s current net worth is approximately $3.2 billion, according to Forbes. This makes him one of the wealthiest individuals in Africa.

**Career**

Abdul Samad Rabiu is the founder and chairman of BUA Group, a Nigerian conglomerate with interests in cement production, sugar refining, and real estate. He started his career in 1988, importing rice, and later ventured into manufacturing and construction materials. In 2005, he established BUA Cement, which has since become one of the largest cement producers in Nigeria.

**Other Ventures**

Rabiu’s philanthropic efforts are channeled through the Abdul Samad Rabiu Africa Initiative (ASRAI), which focuses on education, health, and poverty alleviation. He has also invested in technology, with a stake in Andela, a global talent accelerator.

**Assets**

Rabiu’s assets include BUA Group’s cement plants in Sokoto and Edo States, Nigeria, as well as sugar refineries in Port Harcourt and Lagos. He also owns a significant stake in the real estate development company, BUA Estate.

**Annual Income**

While the exact figure is not publicly disclosed, Rabiu’s annual income is largely driven by BUA Group’s operations. The company’s revenue has been growing steadily, with a reported N150 billion (approximately $360 million) in 2020.

Frequently Asked Questions about  Abdul Samad Rabiu

Frequently Asked Questions: Abdul Samad Rabiu Net Worth

1. What is Abdul Samad Rabiu’s net worth?

Abdul Samad Rabiu’s net worth is estimated to be around $1.1 billion.

2. How did Abdul Samad Rabiu make his fortune?

Abdul Samad Rabiu made his fortune through his conglomerate, BUA Group, which operates in various sectors including cement production, sugar refining, and real estate.

3. What is BUA Group’s most profitable division?

The cement production division of BUA Group is considered its most profitable.

4. How many companies does BUA Group own?

BUA Group owns several companies, including BUA Cement, BUA Sugar Refinery, and BUA Real Estate.

5. What is Abdul Samad Rabiu’s educational background?

Abdul Samad Rabiu studied Economics at the Ahmadu Bello University, Zaria, Nigeria.

6. When did Abdul Samad Rabiu start his business career?

Abdul Samad Rabiu started his business career in the 1980s, importing chemicals and pharmaceuticals.

7. What is Abdul Samad Rabiu’s philanthropic work like?

Abdul Samad Rabiu is known for his philanthropic work, particularly in education and health. He has established several scholarships and donated to various causes.

8. What is Abdul Samad Rabiu’s political affiliation?

Abdul Samad Rabiu is not known to have any political affiliation.

9. What awards has Abdul Samad Rabiu received?

Abdul Samad Rabiu has received several awards, including the African Business Leader of the Year Award in 2020.

10. What is Abdul Samad Rabiu’s role in the African business community?

Abdul Samad Rabiu is considered one of the leading business figures in Africa, known for his entrepreneurship and contributions to the continent’s economic growth.